Housing costs in Grand Mound?
A typical home costs
$189,300, which is 44.0% less expensive than the national average of
$338,100 and 2.9% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Grand Mound costs
$850 per month, which is 40.6% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$930.
Can I afford Grand Mound?
To live comfortably in Grand Mound, Iowa, a minimum annual income of
$36,360 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Grand Mound?
Grand Mound, IA is an affordable place to live for its residents, as the cost of living is lower than the national average. The median home value in Grand Mound stands at around $117,000, which is much lower than the national average of $184,700. Additionally, the median household income in Grand Mound is around $71,000 compared to a U.S. average of $57,652. This means that those living in Grand Mound are able to stretch their paycheck further and enjoy a higher quality of life with less financial burden overall. Furthermore, utilities and groceries are also generally cheaper than they are elsewhere in the country. All of this contributes to making Grand Mound an attractive place to call home for many families seeking a more affordable lifestyle without sacrificing access to community amenities and services.